Actuarial Analyst

2 days ago


Mississauga, Canada Royal Bank of Canada Full time

**Job Summary**

**What is the opportunity?**

This role is accountable developing, pricing, monitoring, and preserving the integrity of the profitability of our Life, Health, and Wealth products. This position supports the attainment of our strategic objectives, including the growth of new lines of business, and greatly influences the brand reputation for RBC Insurance Company.

**What will you do?**
- Perform pricing and product development of Life, Health, and Wealth insurance products, including Term, Universal Life, Disability, Critical Illness, Participating Whole Life, Payout Annuity, Segregated Fund, and other products. Analyze product profitability, sensitivity, and risk metrics to support strategic decision making
- Prepare documentation and reports to communicate findings, assumptions, and recommendations

effectively
- Conduct analysis and coordinate approvals for Life, Health, and Wealth products’ special quotes
- Perform model vetting of the Life, Health, and Wealth pricing models
- Collaborate with and influence internal business partners, including valuation, product management,

project management, corporate underwriting, new business operations, customer service, sales, and

finance
- Participate in automation and process improvement initiatives to enhance efficiency and accuracy in

pricing workflows

**What will you need to succeed?**

**Must Have**:

- Passed a minimum of 4 actuarial exams, and actively pursuing the FSA/FCIA designation
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a relevant field. At minimum 1 year of work experience in an actuarial role

for superior results

influence others as well as present issues, options, and recommendations to both technical and nontechnical

audiences
- Experience with Moody’s Analytics AXIS, and strong working knowledge of MS Excel
- Ability to work well in a team and individually

**Nice to Have**:

- Familiarity with actuarial pricing and valuation methodologies
- Understanding of key regulatory frameworks (i.e., IFRS17, LICAT, etc.)
- Proficiency in programming languages (i.e., VBA, R, etc.)

**What's in it for you?**
- A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans
- Competitive pay and high-earning potential
- All the tools, training, and team support you need to grow your career
- Flexible work/life balance options
- RBCI software tools to boost your productivity

RBC is an organization that succeeds by bringing out the best in its people. You’ll be part of a supportive, inclusive team that shares common values - including a fundamental respect for each other. At the heart of this is a commitment to diversity. RBC respects and responds to the many competing and evolving priorities in our lives - so you can focus on what you can do best - putting clients first.

**Job Skills**

Actuarial Modeling, Critical Thinking, Insurance Finance and Actuarial Concepts, Multi-Level Communication, Probability Theory, Risk Analysis Management, Risk Management, System Applications

**Additional Job Details**

**Address**:
MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

**City**:
MISSISSAUGA

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
INSURANCE

**Job Type**:
Regular

**Pay Type**:
Salaried

**Posted Date**:
2025-07-15

**Application Deadline**:
2025-07-26

**I**nclusion** and Equal Opportunity Employment**

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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